Report proposes sweeping tax increases

By Michael Burton | 11 November 2020

A new health and social care tax raising £17bn should be the centrepiece of sweeping tax increases to raise £40bn a year, according to a new report from think-tank the Resolution Foundation.

The report proposed a 4% flat-rate health and social care levy paid above £12,500 that would apply to all forms of income, including capital gains, and to most people, including pensioners.

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Health Whitehall Finance Social Care Council Tax Austerity Coronavirus
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